PALM NEWS MALAYSIAN PALM OIL BOARD Friday, 29 Nov 2024

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Berita Arkib

MARKET DEVELOPMENT  
  06-10-2022

Malaysia's end-Sep palm oil stocks seen hitting near three-year peak

05/10/2022 (Channel News Asia), Kuala Lumpur - Malaysia's palm oil inventories at end-September likely swelled to their biggest in nearly three years amid peak production season, a Reuters survey showed on Wednesday (Oct 5).

OILS & FATS  
  06-10-2022

Malaysian palm oil stockpiles highest in three years

05/10/2022 (Free Malaysia Today), Petaling Jaya - Palm oil inventories in Malaysia likely climbed to their biggest in nearly three years after rising production in the world’s second-largest grower outpaced a recovery in export demand.

MARKET DEVELOPMENT  
  06-10-2022

CPO futures continue positive momentum for fifth day

05/10/2022 (The Edge Markets), Kuala Lumpur - Crude palm oil (CPO) futures contracts on Bursa Malaysia Derivatives continued its rally to close higher, tracking gains in both soybean oil on the Chicago Board of Trade (CBOT) and the crude oil market.

MARKET DEVELOPMENT  
  06-10-2022

Malaysia Palm Oil Stockpiles May Surge to Largest in Three Years

05/10/2022 (Bloomberg) - Palm oil inventories in Malaysia likely climbed to their biggest in nearly three years after rising production in the world’s second-largest grower outpaced a recovery in export demand.

OILS & FATS  
  06-10-2022

Palm oil producers must fight for ethical, fair and inclusive trade

05/10/2022 (Asia News Network), Jakarta - The controversy over palm oil has not ended, despite efforts by crude palm oil producers to address prevailing sustainability issues. Interestingly, the global COVID-19 pandemic and the war in Ukraine have not halted the smear campaigns of palm oil detractors.

OILS & FATS  
  05-10-2022

Indonesia plans extension of palm oil export levy waiver to year-end

04/10/2022 (The Star Online) - Indonesia, the world's biggest producer of palm oil, may extend an export levy waiver on the edible oil to the end of this year, its chief economic minister said on Tuesday.

OILS & FATS  
  05-10-2022

MARC Ratings affirms SD Plantation's corporate credit, sukuk with stable outlook

04/10/2022 (New Straits Times), Kuala Lumpur - MARC Ratings Bhd has affirmed Sime Darby Plantation Bhd's (SD Plantation) corporate credit rating at AAA and its perpetual subordinated sukuk programme's rating of up to RM3.0 billion at AAIS.

OILS & FATS  
  05-10-2022

BSN issues SNI on red palm cooking oil production

04/10/2022 (Antara News), Jakarta - Head of the National Standardization Agency (BSN), Kukuh S. Achmad, handed the Indonesian National Standard (SNI) document regulating red palm cooking oil production to the Cooperatives and Small and Medium Enterprises (SMEs) Ministry on Tuesday.

OILS & FATS  
  05-10-2022

Palm oil falls below Rs 100/litre after 3 years, Soya and Mustard oil also become cheaper

04/10/2022 (News Track Live), New Delhi - The impact of the central government's policies regarding the import of palm oil is now visible in the market. After a long gap of three years, palm oil prices have reached below Rs 100 per litre. It is the effect of palm oil that the prices of soya oil and mustard oil are also continuously falling. However, the price of mustard oil on crusher machines is still above two hundred. Before the Corona epidemic, palm oil was around Rs 78 per litre in 2019. At the same time, the prices of soya oil were also below Rs 100 per litre. But, after some restrictions imposed by the Government on imports, the prices started increasing continuously.

OILS & FATS  
  05-10-2022

MPOC urges public to report negative labelling of palm oil-based products

04/10/2022 (The Edge Markets), Kuala Lumpur - The Malaysian Palm Oil Council (MPOC) has urged Malaysians to tip off the council, should they come across any form of unfair practices or negative labelling of palm oil-based products.

OILS & FATS  
  05-10-2022

Presence of products without palm oil label raises ire

04/10/2022 (Free Malaysia Today) - While Malaysia is fighting the anti-palm oil campaign in the west, products bearing labels stressing that they do not contain palm oil are found at retail outlets and supermarket shelves in the country, and that has the authorities quite peeved.

OILS & FATS  
  03-10-2022

The case for Malaysian Sustainable Palm Oil

03/10/2022 (The Edge Markets) - Sustainability is a major point when discussing palm oil. As the most consumed vegetable oil in the world, palm oil’s consistent high-yield production attracts scrutiny from market competitors and observers alike for potential irregularities that may provide an unfair advantage. While unsurprising and rational, it has become an opportunity for discriminatory treatments against palm oil producers, putting their production practices into question.